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Bus427 Business strategy verified question and answer (BSG) Exam 3 (2023).docx

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Bus427 Business strategy(BSG) Exam 3 (2023) Questions
With Verified Answers
Cambridge university
When considering competitive dynamics, if a competitive action is apparent, a should be
undertaken to assess the likelihood of competitive actions.

Threat analysis



In competitive dynamics, close competitors are determined by two factors: and resource
similarity.

Market commonality



After a firm has attacked (competitively), competitors need to determine their and
capability to respond

Movation



The likelihood of a competitive reaction depends on three factors one of which is , which is the
degree the competitor is dependent on that industry

Market dependence



The likelihood of a competitive reaction depends on three factors one of which is , which are
the resources and capabilities of the competitor.

Competitors resources



The likelihood of a competitive reaction depends on three factors one of which is , which is the
response to the attack is based on who launched the attack.

Actors reputation


When considering competitive actions, are major commitments of specific resources
initiatives


Strategic action
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